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Crops Crops

CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn up after USDA confirms massive U.S. crops

Traders assessing damage from Midwest storm Monday

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday as short-covering and position-squaring emerged after the U.S. Department of Agriculture confirmed expectations for massive crops, traders said. USDA, in a monthly report, said U.S. farmers will reap their biggest corn harvest and second-biggest soybean harvest, thanks to favourable weather. […] Read more
(Qingwa/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Bearish USDA report generates bullish reaction

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MarketsFarm — There were marked increases in yields for U.S. corn and soybeans that bested market expectations in the supply and demand report from the U.S. Department of Agriculture (USDA). Despite those increases, corn and soybean futures on the Chicago Board of Trade (CBOT) didn’t react as anticipated. “We’re getting a friendly reaction to bearish […] Read more
Conditions reported to AAFC’s Canadian Drought Monitor as of July 31, 2020. (Agr.gc.ca)
Crops, Weather

Most of Prairies to see little rain

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MarketsFarm — Warm and dry weather that has generated little precipitation across the Prairies is expected to continue in most areas, aside from southern Manitoba, according to two meteorologists. “Looks like the overall pattern isn’t going to be changing too much,” Scott Kehler of Weatherlogics said. “What you see is what you’re going to get,” […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters, Weather

U.S. farmers to harvest record-large corn crop, second-largest soy crop, USDA says

Estimates don't include impact of recent Midwest storm

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Chicago | Reuters — U.S. farmers will reap their biggest corn harvest and their second biggest soybean harvest this fall as good summer weather shepherded the crops through key phases of development, the U.S. Agriculture Department said on Wednesday. The crop outlooks, which also included average yields for both corn and soybeans as the largest […] Read more
(File photo)
Crops, Markets, Pulses

Pulse weekly outlook: Chickpea prices steady into harvest

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MarketsFarm — The chickpea harvest is underway in some areas of the Prairies, including southern Alberta and southwestern Saskatchewan, where pulse crops were planted earlier due to drier spring weather. So far, the chickpea crop has seen co-operative weather conditions. “As we go along with this sunshine and heat, the pulses are coming in very […] Read more
Plants at Delta 9 Cannabis’ indoor production facility in Winnipeg. (Dave Bedard photo)
Crops, Markets, Reuters

Cannabis industry readies for M+A after COVID-19 boosts weed demand

Companies betting on U.S. market growth after election

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Reuters — After nearly a year of next-to-no dealmaking, cannabis companies are gearing up for mergers and acquisitions (M+A) as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say. Profitable cannabis companies want to buy their way […] Read more
A general view of damage at the site of Tuesday’s blast in Beirut’s port area on Aug. 5, 2020. (Photo: Reuters/Mohamed Azakir)
Crops, Reuters

North American ammonium nitrate laws best in world, Nutrien CEO says

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Winnipeg | Reuters — North America’s regulations for handling ammonium nitrate, a potentially explosive product used in fertilizer and in the mining industry, are the strictest in the world, the CEO of Canadian fertilizer producer Nutrien said Tuesday. An ammonium nitrate stockpile exploded last week in Beirut killing at least 171 people, injuring 6,000 and […] Read more

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